NOT LISTED FOR SALE

162 Olive St Oak View, CA 93022

Estimated Value: $900,000 - $1,730,000

3 Beds
2 Baths
2,034 Sq Ft
$575/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $610,000 $300 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,868/month

Highlights

  • Above Ground Spa
  • Primary Bedroom Suite
  • Mountain View
  • Ventura High School Rated A-
  • Dual Staircase
  • Wood Burning Stove

About This Home

As of February 2020

Gorgeous Mountain Views! This unique 2,034 sq. ft. home features two large bedrooms with views, one smaller bedroom/office, two baths and situated on a 12,500 sq. ft. lot. Bay windows in the living room, with new wood-like flooring, and the kitchen, which has been remodeled, with quartz counter tops, newer appliances and lots of storage. Family room on the second floor with wood beam ceilings on your way up to the master suite to enjoy the scenic views from the deck. What a great house for entertaining in the private backyard with the multiple patio areas to enjoy the sunsets or just take time to relax in the spa. There are several mature fruit trees, a garden area and a storage shed. This property may be a great investment as a possible ADU per sellers. Only a short drive to downtown Ojai and an easy commute to Ventura!

Last Agent to Sell the Property

Julie Zermeno

JZ REALTY License #01012926 Listed on: 01/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,959

Year Built

  • Built in 1951

Lot Details

  • 0.29 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Backyard Sprinklers
  • Back Yard
  • Property is zoned R1-6

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Rolled or Hot Mop Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,034 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Bay Window
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Range with Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Above Ground Spa
  • Brick Porch or Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Wall Furnace
  • 220 Volts For Spa
  • 220 Volts in Kitchen
  • Gas Water Heater
  • Conventional Septic

Community Details

  • Other 0011 Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0610043110

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,959

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Inclusions: shed and jacuzzi
  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Other - 0011
  • View: Yes
  • Zoning: R1-6
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0610043110
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2034.00
  • Interior Amenities: 2 Staircases, Ceiling Fan(s)
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Free Standing, Living Room, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 299.90
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Master Suite
  • Spa Features: Above Ground
  • Window Features: Bay Window(s)
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • Other Structures: Shed(s)
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Brick
  • Roof: Flat, Rolled/Hot Mop
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Water Heater, Range, Range Hood
  • Electric: 220 Volts For Spa, 220 Volts in Kitchen
  • Heating Type: Natural Gas, Wall Furnace, Wood, Wood Stove
  • Laundry Features: Common Area, Gas Dryer Hookup
  • Sewer: Conventional Septic, Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Sprinkler System, Sprinklers In Rear
  • Lot Size Sq Ft: 12500.00
  • Lot Size Acres: 0.2870

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12500.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Kennedy Sean
Bought by
Kennedy Sean W
Current Estimated Value
$1,170,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,000
Outstanding Balance
$528,721
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$641,494

Purchase Details

Listed on
Jan 28, 2020
Closed on
Jan 28, 2020
Sold by
Vargas Don G and Vargas Marsha E
Bought by
Kennedy Sean
Seller's Agent
Julie Zermeno
JZ REALTY
Sold Price
$610,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$579,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2004
Sold by
Vargas Don G
Bought by
Vargas Don G and Hart Marsha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 1995
Sold by
Menconi Paul
Bought by
Vargas Bon G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,550
Interest Rate
7.74%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kennedy Sean W -- Ticor Title
Kennedy Sean $610,000 Fidelity National Title
Vargas Don G $150,000 Chicago Title Co
Vargas Bon G $163,500 Lincoln Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Sean W $577,000
Closed Kennedy Sean $579,500
Previous Owner Vargas Don G $300,000
Previous Owner Vargas Bon G $158,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $610,000 0.0% $300 / Sq Ft
02/20/2020 02/20/20 Sold $610,000 -2.4% $300 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/28/2020 01/28/20 Pending -- -- --
01/01/2020 01/01/20 For Sale $625,000 -- $307 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,959 $667,120 $433,629 $233,491
2024 $7,959 $654,040 $425,127 $228,913
2023 $7,838 $641,216 $416,791 $224,425
2022 $7,364 $628,644 $408,619 $220,025
2021 $7,301 $616,318 $400,607 $215,711
2020 $3,480 $250,605 $136,697 $113,908
2019 $3,341 $245,692 $134,017 $111,675
2018 $3,279 $240,876 $131,390 $109,486
2017 $3,225 $236,154 $128,814 $107,340
2016 $3,177 $231,525 $126,289 $105,236
2015 $3,136 $228,049 $124,393 $103,656
2014 $3,083 $223,584 $121,957 $101,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-220000002

Ventura County Regional Data Share

APN: 061-0-043-110